A Lunch Supreme

Former Enron CEO Jeff Skilling goes to lunch on April 11, 2006.

On June 24, 2010, in an opinion by Justice Ruth Bader Ginsburg, the Supreme Court unanimously nullified Skilling's honest services fraud conviction, finding that "Skilling's misconduct entailed no bribe or kickback." The Supreme Court remanded the Skilling case back to the lower court for further proceedings. On October 23, 2006, Skilling was sentenced to 24 years and 4 months in prison, and fined $45 million, convicted on 19 counts of conspiracy, securities fraud, insider trading and lying to Enron's auditors. The case is currently under appeal before the 5th U.S. Circuit Court of Appeals in New Orleans. He is currently housed at low security federal prison in Littleton, Colorado. According to the Federal Bureau of Prisons, he is scheduled for release on February 21, 2028, when he would be 74 years old. The case is Skilling v. United States, 08-1394, U.S. Supreme Court (Washington). Because at least one of Skilling's convictions isn't covered by the ruling, he is likely to stay in prison over the months it will take the 5th Circuit to decide whether the honest services error is serious enough to require a new trial or dismissal of those charges.